Mar 03, 2021

India-Africa Business Opportunities

MOROCCO is situated on the extreme northwestern corner of Africa and is bordered by Mauritania and Algeria, both to the south and east.

Morocco’s varied geography includes no less than four separate mountain ranges, in addition to lush river valleys, beautiful sandy coasts, and wide expanses of desert. The three most prominent mountain ranges, which run parallel to each other from the southwest to the northeast, are the Middle Atlas, the High Atlas, and the Anti-Atlas. The ascent of the country’s highest peak, Jebel Toukbal (13,665 ft./4,165 m.), is a spectacular and not particularly difficult High Atlas trek. The Moroccan coastline, which fronts onto both the Mediterranean and the Atlantic, offers plenty of great beaches as well as a number of fascinating old coastal cities. In the southeast, Morocco’s mountain ranges yield inexorably to the desolate expanse of the Sahara. The rivers that flow down this side of the High Atlas support long, narrow, and lush river valleys that resemble linear oases.

The climate in Morocco is reliably dry, although small amounts of rain do fall between November and March. Temperature varies considerably by season and locale. While the southern and southeastern desert regions can reach extremely high

temperatures during the hot summer months, the higher altitudes of the mountains are cool in summer evenings and freezing in winter. Most travellers find the early summer months to be the most comfortable time to visit, as rain is not a threat and temperatures are warm during the day and pleasantly cool at night.

The Moroccan economy displayed a degree of resilience in a particularly economic context, growing by 3.2% in 2012, driven by internal consumption and public investment.

Funding the economy remains a major challenge if the country is to maintain its momentum, and continuing reform is essential to check the rise in public spending, particularly of the compensation fund (Caisse de compensation), that pays subsidies for oil and basic goods.

Morocco has a coherent strategy in place since the early 2000s to achieve its medium-term vision and has made a good start on structural change, with Morocco’s phosphate industry the world’s biggest producer and exporter playing a key role both from anancial point of view and as a source of growth for other sectors of the economy, though the textile industry is among those needing to reposition quickly in the face of international competition.

Ajay K Gupta Managing Director, Kamtech

Mr. Gupta has been leading our company for 22 years. He is a Mechanical Engineer with a passion for industry, technologies, and new trends. With more than 32 years of industries/corporate working experience in various discipline from production, R & D to industrial marketing and technical services; he has led the company to great heights.


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